What stocks are up the most in pre-market trading? Let’s look at some of the biggest names:
Among non-Magnificent 7 stocks.
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Markets remain up today with the Nasdaq up 3.5% as of 11:30 a.m. ET.
Yet, gains are uniform across the board. For example, both the Utilities and Consumer Staples sectors are down today. Investors are switching out of ‘safe havens’ and back into more ‘risky’ sectors relying on growth expectations.
Along those lines, the top two performing sectors are consumer discretionary (up 4.35%) and technology (up 3.69%).
The stock market is about to open for the day and shortly before the open the Nasdaq is pointing to a 3.9% open. The S&P 500 is up 3% while the Dow Jones is up 2.6%.
While markets will see big gains on Monday following the announcement of an initial trade deal with China, not all industries are in the green on Monday morning.
Healthcare stocks are down across the board after Trump vowed to cut the price of prescription drugs. Eli Lilly (NYSE: LLY) is down 3.4% while Johnson & Johnson (NYSE JNJ) shares are down 2.75% in pre-market trading.
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